Is the promise of Qantas incentives enough to get vaccination numbers soaring?
The post Could more offers like Qantas’ speed up the Australian vaccine rollout? appeared first on The Motley Fool Australia. –
It’s a trend that’s taken the United States by storm. CBS News reports Americans who’ve had a COVID-19 jab can be eligible to get free beer, museum entries, and even Super Bowl tickets. Could freebies help encourage Australians to get involved in the COVID-19 vaccine rollout?
Australia’s chief medical officer Paul Kelly appears to agree with the airline’s move. He told a press conference last week that using discounts, merchandise or cash lotteries to motivate Australian’s to get a COVID-19 jab were all “potentially on the table”. He said:
I think we really do need to look for incentives, as many incentives as we can, for people to become vaccinated.
Let’s take a look.
According to the Australian Financial Review (AFR), Qantas’ chief customer officer Stephanie Tully has said the airline is considering offering rewards to encourage more Australians to get vaccinated.
Qantas hasn’t yet confirmed if it will offer rewards for vaccinated Aussies, but Tully was quoted by the AFR as saying Australia’s vaccine rollout is “the key to keeping our domestic borders open and safely restarting international travel”.
“As a large company that relies on travel to put our people and planes back to work, we’re obviously motivated to help with the national vaccine effort,” she said.
According to the AFR, Qantas is considering offering frequent flyer points, flight vouchers, and other perks as a reward for travellers who have completed their course of COVID-19 jabs.
Normalcy as motivation
Right now, it seems the motivating factor for most Australians to get vaccinated is the chance to return to normality.
Talks of another lockdown in Victoria recently saw a record number of Australian residents getting vaccinated. Last Wednesday 111,388 jabs were given out.
Perhaps the chance to travel internationally – potentially as early as the end of this year – could spur more people to roll up their sleeves.
Previously, Qantas’ CEO Alan Joyce has said it’s possible the airline will only let vaccinated Australians fly internationally once borders open.
The faster we get the country vaccinated, the earlier we can talk about opening the border. It’s as simple as that.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of May 24th 2021
Why the Qantas (ASX:QAN) share price flew a little higher today
Qantas among ASX travel shares hit by Victorian COVID-19 outbreak
The post Could more offers like Qantas’ speed up the Australian vaccine rollout? appeared first on The Motley Fool Australia.